May 21, 2014
China lysine market remains upbeat
Lysine prices continued to rise during the week ending May 20.
Buoyed by a recovering hog market, buying interest strengthened as feed millers increased lysine stocks.
Price quotes of 65-percent lysine and 70-percent lysine were at RMB4.10-4.30/kg and RMB4.70-5.10/kg respectively.
Lysine market will remain upbeat with feed demand expanding and output limited.
RMB1=US$0.1603 (May 21)
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